Financial Crime Risk Specialist

Job Description

Purpose of the role

To assess the integrity and effectiveness of the banks internal control framework to support the mitigation of risk and protection of the banks operational, financial, and reputational risk.  

Accountabilities

• Collaboration with various stakeholders across the bank and business units to improve overall control effectiveness through detailed documentation of control assessments, procedures, and findings.
• Identification and investigation of potential weaknesses and issues within internal controls to promote continuous improvement and risk mitigation aligned to the bank’s control framework, prioritised by its severity to disrupt bank operations.
• Development of reports to communicate key findings from risk assessment including control weaknesses and recommendations to control owners, senior management, and other stakeholders.
• Execution of reviews to determine the effectiveness of the bank's internal controls framework aligned to established and evolving policies, regulation, and best practice.
• Implementation of adherence to the Barclays Controls Framework and set appropriate methodology of assessing controls against the Controls Framework.

Assistant Vice President Expectations

• To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.
• Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
• OR for an individual contributor, they will lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
• Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
• Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.
• Take ownership for managing risk and strengthening controls in relation to the work done.
• Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
• Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.
• Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.
• Influence or convince stakeholders to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.

Financial Crime Risk Specialist | Barclays | Monaco
Come join us as a Financial Crime Risk Specialist!
We are seeking a Financial Crime Risk Specialist to join our Risk Controls function. This role, based in Monaco, is critical to supporting the front office with risk-related needs and helping ensure alignment with the bank’s risk framework. You will work closely with senior stakeholders, lead on financial crime-related initiatives, and contribute to governance across the group.

This role plays a critical part in evaluating and strengthening the bank’s internal control framework, with a focus on mitigating financial crime risk and safeguarding the organisation’s operational, financial, and reputational integrity. It offers a unique opportunity for a motivated professional to make a meaningful impact and operate with autonomy in a globally connected environment.

Key Accountabilities:

• Act as a key point of contact for the front office regarding financial crime risks and controls.
• Lead or contribute to financial crime-related and group-wide risk control projects.
• Support in the responses to regulatory bodies and inspections.
• Participate in the development and enhancement of governance frameworks within the function.
• Collaborate with compliance, legal, audit, and senior stakeholders to ensure financial crime risk is effectively managed.
• Provide subject matter expertise across a broad spectrum of financial crime matters (AML, CTF, sanctions, etc.).
• Support the integration of group risk controls and policy implementation.
• Help embed a strong risk culture by aligning business needs with compliance standards.

Essential Criteria:

• Financial Crime Experience: Strong track record working in financial crime (e.g., AML, sanctions, fraud, CTF) within a financial services context.
• Risk & Controls Expertise: Understanding of enterprise risk frameworks, governance, and risk control implementation.
• Communication Skills: Excellent written and verbal communication, with ability to engage effectively with stakeholders at all levels.
• Language Proficiency: Fluency in both French and English is mandatory.
• Autonomy: Ability to operate independently, manage priorities, and drive initiatives with minimal oversight.

Desirable Criteria:

• Private Banking Experience: Background in private or wealth management is advantageous.
• Stakeholder Management: Proven experience dealing with senior stakeholders in a professional environment.
• Team Management Exposure: While not a current management role, experience leading or mentoring teams is a plus.
• Project Involvement: Experience in delivering or supporting cross-border and cross-functional projects, especially within compliance or financial crime.

This role is based in Monaco.
You may be assessed on key critical skills relevant to success in this role, such as risk and controls, change and transformation, business acumen, strategic thinking, and digital and technology, in addition to job-specific technical skills.